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- W4238726716 abstract "This chapter focuses on the legal aspects of concessions. A comparison of the world's major legal systems shows that a concession in the wider sense may be defined as a synallagmatic act by which a State transfers the exercise of rights or functions proper to itself to a private person. It may either be of a national or of an international character, depending upon the nationality of the concessionaire. Only the international concession is of relevance to international law. Currently, its characteristics are in the process of changing in favor of developing States; its terms and conditions and the question of its stability are central issues in international economic law and play a decisive role in the construction of a new international economic order. Contemporary concessions have many names. The terminology used in a specific instrument may be an indicator not only of the particular type of concession but also of the status of the legal relationship as such." @default.
- W4238726716 created "2022-05-12" @default.
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- W4238726716 date "1985-01-01" @default.
- W4238726716 modified "2023-10-18" @default.
- W4238726716 title "CONCESSIONS" @default.
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- W4238726716 doi "https://doi.org/10.1016/b978-0-444-87911-0.50034-9" @default.
- W4238726716 hasPublicationYear "1985" @default.
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